Energizer Holdings buys feminine care brands from Johnson & Johnson


Energizer Holdings (ENR -4.4%) announces it bought feminine care brands from Johnson & Johnson (JNJ +0.9%) for $185M.

The brands include Stayfree, Carefree, and o.b.

The deal is slated to close in Q4.

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Comments (3)
  • Dividend Garden
    , contributor
    Comments (488) | Send Message
     
    I'm surprised by this. $185mm doesn't seem like a lot of money for these three brands.
    31 Jul 2013, 11:44 AM Reply Like
  • blasgon
    , contributor
    Comments (24) | Send Message
     
    Have not been able to get more information, but my guess it is only in the US. The WW business would deserve a better price than that.
    1 Aug 2013, 02:27 PM Reply Like
  • Dividend Garden
    , contributor
    Comments (488) | Send Message
     
    Yep, they did confirm it was US only.
    1 Aug 2013, 02:39 PM Reply Like
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